I put for the general inclination of all mankind, a perpetual and restless desire of power after power, that ceaseth only in death. —Thomas Hobbes, The Leviathan California continues to attack businesses and entrepreneurial freedom. Leviathan has awakened, this time with Assembly Bill 257, promoting a state-controlled trade union for all
Continued inflation inevitably leads to catastrophe. —Ludwig von Mises Consumers’ behaviors cause the consumer price index (CPI) broad heading of food to understate the real or wallet level of inflation. It is much worse than the top line statistic—it is a serious offense to the poor and fixed-income citizens. The CPI measures nominal dollar
Modern secular society embraces a new religion complete with prophets, crusaders, commandments, contrition, and even a holy land: East Anglia, United Kingdom. These congregants will behave idiosyncratically in the economy. The activist green movement increasingly parallels Western religious structure, even generating a modern version of the
A student goes into a bank. He tells the personal loan banker, “I want to borrow $7,500 per year for the next four or five years.” “That’s at least $30,000 over time,” the banker says. “Personal loans have a 10 percent interest factor.” “For my loan,” says the student, “I need an interest rate close to a home mortgage, like 6 percent. Also, I
Pongo por inclinación general de toda la humanidad, un perpetuo e inquieto deseo de poder tras poder, que sólo cesa con la muerte. —Thomas Hobbes, El Leviatán California sigue atacando a los negocios y a la libertad empresarial. El Leviatán ha despertado, esta vez con la Ley de la Asamblea 257, que promueve un sindicato controlado por el Estado
La inflación continuada conduce inevitablemente a la catástrofe. —Ludwig von Mises El comportamiento de los consumidores hace que el índice de precios al consumidor (IPC), rúbrica amplia de alimentos, subestime el nivel real o de cartera de la inflación. Es mucho peor que la estadística de la línea superior: es una grave ofensa para los ciudadanos
La sociedad secular moderna adopta una nueva religión con profetas, cruzados, mandamientos, contrición e incluso una tierra santa: East Anglia, Reino Unido. Estos fieles se comportarán de forma idiosincrásica en la economía. El movimiento ecologista activista se asemeja cada vez más a la estructura religiosa occidental, generando incluso una
Un estudiante va a un banco. Le dice al banquero de préstamos personales: «Quiero pedir un préstamo de 7.500 dólares al año durante los próximos cuatro o cinco años». «Eso son al menos 30.000 dólares a lo largo del tiempo», dice el banquero. «Los préstamos personales tienen un factor de interés del 10%». «Para mi préstamo», dice el estudiante,
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.